Timex Group Swiss Luxury Division has signed an agreement with CT Scuderia watches that will see the businesses work together on development and distribution worldwide.
Timex Group Swiss Luxury Division, based in Switzerland, currently markets Versace, Salvatore Ferragamo and Versus Versace watches to retail partners across more than 65 countries.
“Swiss-made timepieces paired with Italian design and a unique consumer target, CT ScuderiaCafé Racer is a great opportunity to expand Timex Group Luxury Division outside the fashion world,” says Paolo Marai, President and CEO of Timex Group Luxury Division.
Enrico Margaritelli, partner and CEO of CT Scuderia adds: “CT Scuderia is a brand that offers a retro-modern collection of café racer instruments, from Swiss-made timepieces to small leather goods, straps and helmets, and is the perfect match for the elite world of café racing. After some years of independent development, we are now ready to partner with Timex Group Luxury Division, the future evolution of our brand.”
Founded in 2013, CT Scuderia watches are inspired by 1950s Italy and the café racer lifestyle.